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John Williams's Articles in Mortgage

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The Consumer's Loan: The 10/30 Interest Only A look at one of the most beneficial loans available to the consumer today. What is a 5/1 ARM? Financial terms can often be confusing. Let me simplify this one for you. Credit Card Debt And The Interest Only Loan Here is an example of the system gone wrong: a mortgage loan that encourages paying off one debt, in order to over extend yourself with another debt. This is what happens with the interest only loan and credit card debt. As a borrowing nation, I believe we've reached new depths. Interest Only Mortgage Companies Interest only mortgage companies are a very different breed than the banking industry. These businesses are in the business for the sole purpose of making mortgages. They aren't bound by the same laws as your bank, but some of the regulations are consistent with those of a bank. The Attractive Tax Break for Home Loans Many home buyers are mislead when it comes to tax advantages with buying a home. Don't get taken for your money.

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